The reverse charge VAT is an economic operation where the person responsible for declaring VAT is inverted. In our sector, the VAT appears in sales of new construction while the acquisitions of second hand properties are taxed by ITP. But Hacienda, in some cases, in order to facilitate buying and selling operations, allows the VAT taxation in second hand real estate sales and purchases.
The 22@ North, the continuation of Barcelona’s technological district
In 2000, the 22@ plan was approved, an ambitious project to transform 200 hectares of industrial land in Sant Martí into a hub of economic activity. The district, known as … Read more
